Top Stories

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  FDIC, OCC Rule Proposals Seek To Rein In Bank Supervision

  By Jon Hill

  Federal banking regulators on Tuesday unveiled a pair of proposed curbs on their supervision programs that would...(read more)

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  Supreme Court Isn't Pausing Google Play Store Order

  By Matthew Perlman

  The U.S. Supreme Court refused on Monday to pause a sweeping injunction requiring Google to change its app store...(read more)

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• 1st Circ. Left In Limbo Over FCC's Prison Phone Rate Caps

  By Christopher Cole

  First Circuit judges Tuesday questioned the Federal Communications Commission's turnabout in defense of its Biden-era prison phone rate caps and were unsure how to construct a legal ruling with the FCC poised to vote on a policy makeover within weeks.

• 6th Circ. OKs Contested Deal In Foreclosure Class Action

  By Danielle Ferguson

  The Sixth Circuit on Monday affirmed the approval of a contested settlement to resolve claims that 43 Michigan counties illegally kept the proceeds from the sales of tax-foreclosed properties, although one judge's concurrence said he did so "with the greatest reluctance."

• Musk Atty Alex Spiro Faces DQ Bid Ahead Of Twitter Deal Trial

  By Dorothy Atkins

  A certified class of former Twitter investors accusing Elon Musk of tanking the social media platform's stock during acquisition negotiations has urged a California federal judge to disqualify Musk's proposed lead trial counsel Alex Spiro before a January trial, arguing he's a "critical first-hand witness" and may testify, according to documents unsealed Monday.

• DC Circ. Denies Biotech Co.'s Nasdaq Delisting Appeal

  By Sarah Jarvis

  Chinese biotech Shineco Inc. has lost its bid to block its delisting from the Nasdaq in the D.C. Circuit, which didn't buy its argument the federal government's shutdown prevented the company from petitioning the U.S. Securities and Exchange Commission directly for relief.

• USPTO To Test AI Tool For Automated Prior Art Searches

  By Rae Ann Varona

  The U.S. Patent and Trademark Office is launching a program to test the use of artificial intelligence for automated prior art searches, saying the tool could let patent applicants know earlier in the application process about potential prior art problems.

• Senate Confirms FERC Republican Nominees

  By Keith Goldberg

  The U.S. Senate on Tuesday confirmed President Donald Trump's picks to fill Republican slots on the Federal Energy Regulatory Commission, giving the GOP a 3-2 majority at the agency.

• Justices Probe Standard Of Care In 'Conversion Therapy' Case

  By Hannah Albarazi

  The U.S. Supreme Court on Tuesday wrestled with whether gay "conversion" therapy banned by a Colorado law is a medical treatment that falls outside the accepted standard of care, or whether it's protected First Amendment speech.

• Gov't, Gun Defendant Urge Justices Not To 'Double-Punish'

  By Phillip Bantz

  The government and a New York man convicted in a fatal robbery both asked the U.S. Supreme Court on Tuesday to rule that subjecting defendants to separate sentences stemming from a single deadly federal firearm offense is a double-jeopardy violation.

• Duke Gas Rate Increase Was Improper, Ohio High Court Hears

  By Keith Goldberg

  Duke Energy's Ohio utility shouldn't be allowed to collect $17 million from ratepayers to cover now-shuttered underground caverns used to store propane, the state's utility consumer advocate told the Ohio Supreme Court on Tuesday.

• Judge Alarmed As Feds Keep Immigration Atty's Phone Data

  By Julie Manganis

  A federal prosecutor told a Massachusetts judge on Tuesday that the government has returned a phone it seized from an immigration lawyer but does not intend to delete data it pulled from the device, prompting the court to raise concerns that the information could be used to identify and arrest immigrants.

• SEC's Atkins Wants To 'Future-Proof' Deregulatory Agenda

  By Jessica Corso

  U.S. Securities and Exchange Commission Chairman Paul Atkins said Tuesday that he hopes that moving quickly to adopt new rules deregulating the public and private markets will "future-proof" his agenda against potential tampering by succeeding presidential administrations.

• 3 Firms Advise On Qualtrics' $6.75B Press Ganey Forsta Buy

  By Al Barbarino

  Goodwin Procter LLP and Simpson Thacher & Bartlett LLP are advising Qualtrics on its agreement to acquire Latham & Watkins LLP-led experience analytics firm Press Ganey Forsta for $6.75 billion, in a deal the companies said will create the "most complete platform designed for experience management."